Latest Packaged Food News

Kraft Heinz expects 2027 organic sales to remain broadly flat and adjusted operating income to fall by low single digits, with recovery anticipated in the second half. Management is targeting consistent growth by 2029, but the near-term outlook leaves little room for execution errors.

SPC Global has finalised its $100 million entitlement offer, allocating most shortfall shares to sub-underwriters and positioning the company to reduce debt and support growth.